Strong demand even as singles get more BTO flats

In Punggol and Sembawang respectively, there were 2.1 and 1.4 applicants for each two-room BTO unit available to singles as of 5pm yesterday. -ST

Top 3 things that affect financial success

Here are 3 factors that are totally within your control and that can give you a huge advantage in your financial life, degree-holder or not. -MoneySmart

Dr Mahathir: Why did Malaysian govt keep S$1.3b 1MDB funds in S'pore?

He stated explanation that Bank Negara would disturb transactions of more than US$50mil did not add up. -The Star/ANN

As economies stumble, where is Southeast Asia's fiscal firepower?

Southeast Asian economies are losing momentum and recent data offers little hope of a rebound. -Reuters

Infrastructure investment needs to be a real asset class

The infrastructure sector faces major challenges, including insufficient investment, partly due to fiscal consolidation. -BT

Lack of clear answers at Jurong club meeting

Session with committee over site acquisition disappoints members - ST

Closed gym allegedly owes $3.8m

According to the Accounting and Corporate Regulatory Authority (Acra), the company has been in liquidation since April 21. -ST

4 inconsiderate ways Singaporeans pressure their friends to spend money

There are many people in our midst who are pretty much oblivious to the fact that not everyone may share their carefree spending habits. -MoneySmart

Singapore's cafe wave not a smooth ride for entrepreneurs

Soaring rents and food costs, alongside labour shortages and stiff competition, have proved to be a tough wakeup call. -CNBC

Singapore high-end homes back in vogue with foreigners

DTZ analysis shows that units costing over $5m make up 19 per cent of their April purchases, up from 6 per cent in Q1. -BT

First batch of smart HDB homes to launch this week

Both projects will make available 1,402 units across 12 blocks, with 546 units of two-room, 112 units of three-room, 519 units of four-room and 225 units of five-room flats. -AsiaOne

Bishopsgate GCB sold for record price of S$2,190 per square foot

Its S$2,190 psf on land area tops the S$2,110 psf in Leedon Park in 2012. Separately, Ridout site is said to have been sold for over S$90m. -BT

From kaya toast to rolling in dough

Kopi boy snubs safety of civil engineering job and makes it big with branding venture. -ST

Asian countries told to build up rice stocks soon

Asian countries need to build up rice stocks as global supply may shrink due to growing demand from major buyers like China and India. -Jakarta Post/ANN

It will either be tears of joy or anguish for 20,000 MAS employees

No GLC in Malaysia has ever sacked nearly everyone and this could well be the most number of people ever sacked in one day in Malaysia. -The Star/ANN